The ACCA SBR Exam requires you to establish your ability to make strategic business reporting decisions. Building on your existing knowledge and skills, in this subject you will need to link accounting issues to relevant concepts arising in practical situations. You will need to exhibit judgement and often consider the perspective of various stakeholders such as investors.
Students will also need to exercise professional and ethical judgement, as this is also an important aspect of the syllabus.
SBR has a wide-ranging syllabus, which includes many accounting standards, some introduced in FR and others examined only in SBR. Current issues, exposure drafts and narrative reporting frameworks also feature. Questions are set in the context of single entities, groups, private or public sector, for-profit, or not-for-profit organisations.
The aim of the syllabus is to evaluate, discuss and apply the concepts, principles and practices that support the preparation and interpretation of corporate reports in various contexts including the ethical assessment of management’s stewardship and the information needs of a diverse group of stakeholders.
The syllabus requires students to examine corporate reporting from a number of standpoints, not only from the point of view of the preparer of corporate reports but also from the perspective of a variety of different stakeholders such as investors and finance providers. The syllabus further requires the evaluation and assessment of the reporting decisions made by management and their implications for a range of stakeholders and any entities.
ACCA SBR SYLLABUS:
Applying fundamental ethical and professional principles to ethical dilemmas and discussing unethical behaviour consequences
Evaluate the appropriateness of the financial reporting framework and discuss changes in accounting regulation
Apply professional judgement in the reporting of the financial performance of a range of entities
Prepare the financial statements of groups of entities
Interpret financial statements for different stakeholders
Communicate the impact of changes and potential changes in accounting regulation on financial reporting
Demonstrate employability and technology skills